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Dec 26, 2012
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>> absolutely because republicans have won five of the last six elections. the never miss an opportunity to miss an opportunity and if they follow the prescription for what will happen is they will cosign themselves with their position. >> i just want to understand this, representing both sides that you both want, right? >> i'm saying the republican party lost, democrats have no mandate and republican don't change they will continue to lose. lou: notice you have to put on me. i said let's examined apollo the possibility of recess. >> we do very well in the midterms. that is because we don't have to do all this. >> nobody taking the blame anybody one. that is just wrong. i want to hear names on the republican side. where is this great talent? >> jeb bush is a great man. he would do immigration reform, a change in policy, change in personality and a very good man. he is somebody worth having a prominent role in this country. >> i'm looking at the operative level. lou: do you know what in the world republican world stands for which mar? reagan had social conser
>> absolutely because republicans have won five of the last six elections. the never miss an opportunity to miss an opportunity and if they follow the prescription for what will happen is they will cosign themselves with their position. >> i just want to understand this, representing both sides that you both want, right? >> i'm saying the republican party lost, democrats have no mandate and republican don't change they will continue to lose. lou: notice you have to put on me....
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Dec 26, 2012
12/12
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>> he came out after the election saying he wanted 1.6 trillion in tax hikes, and his election kind of made him go for something figure. even though that meant he couldn't get an agreement. my personal view he does not want an agreement with republicans, he wants us to go over the fiscal cliff because republicans will get flamed and we will have a different scenario with the lowest rate not being 10%, but 15%, top rate of 35 to 40%, 42. and then tax cuts. david: the responsibility of political purposes is astounding to me. the only contradicting what he said a year ago, but got taken the advice of some of the top economic advisors that will go into recession. >> it is astounding. they also applies going over the fiscal cliff for that very reason. they want top tax rates to go up and are focusing on rates rather than revenue. we would have lower revenue took away some of these deductions. david: if we go into a recession, we will get far less revenue, nothing kills revenue coming into the treasury like a recession. there is no dispute about it. if you want to lose 100, $200 in tax reven
>> he came out after the election saying he wanted 1.6 trillion in tax hikes, and his election kind of made him go for something figure. even though that meant he couldn't get an agreement. my personal view he does not want an agreement with republicans, he wants us to go over the fiscal cliff because republicans will get flamed and we will have a different scenario with the lowest rate not being 10%, but 15%, top rate of 35 to 40%, 42. and then tax cuts. david: the responsibility of...
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Dec 31, 2012
12/12
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most of the the seiders, our elected officials are in d.c. on this new year's eve with a heat lamp of the media and constituents on them right now. what will they do? we are joined right now. we kept grabbing people. representative, a democrat from california. thank you so much for joining us . we have less than nine hours to go. tell me, what do you think will happen? >> let's be hopeful. let's be hopeful that we did a good, balanced deal. the ceos of looking for a balanced deals. i think there is one to be had. we have to pick a number where we have adequate revenues, somewhere above 250,000. okay. as a number. then on the cut side, keep in mind that in the budget control act of this year we have already well over a trillion, nearly a trillion 3-$400 billion of cuts already to take place. this sequestration is in addition to that. there are serious cuts coming down. they have to be done wisely, and that is why sequestration is a problem because it is not a wise way to make cuts. liz: i know you well because i'm from california. of watch you
most of the the seiders, our elected officials are in d.c. on this new year's eve with a heat lamp of the media and constituents on them right now. what will they do? we are joined right now. we kept grabbing people. representative, a democrat from california. thank you so much for joining us . we have less than nine hours to go. tell me, what do you think will happen? >> let's be hopeful. let's be hopeful that we did a good, balanced deal. the ceos of looking for a balanced deals. i...
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Dec 28, 2012
12/12
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dagen: we hope for that, senator, but since the election, it's as if the differences between the two sides have hardened even more, and even if they do something small to prevent serious harm to the economy, what does that even say about the potential for tax reform in the coming year? what's that say about the potential to really try and write our nation financially? that will not get done. i mean, what it going to take to get them to act responsibly in the best interest of the country? >> well, you know, the lubrication for democracy is for people who feel differently to come together and reach compromise. i mean, that's always been the way things worked, and i served in congress for 30 years with people who, at the end of the day, even though they felt differently and strongly about things r they wanted to come together understanding they needed to compromise. you know, you mentioned, for example, tax reform. we need tax reform in the country, and i was in the 1986 ways and means committee, and reagan was president, democratic congress, it was hard to do, a long time, but we did i
dagen: we hope for that, senator, but since the election, it's as if the differences between the two sides have hardened even more, and even if they do something small to prevent serious harm to the economy, what does that even say about the potential for tax reform in the coming year? what's that say about the potential to really try and write our nation financially? that will not get done. i mean, what it going to take to get them to act responsibly in the best interest of the country?...
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Dec 27, 2012
12/12
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now the stocks are back to where it was prior to the election. in my view, there's not much more major harm that the epa and other regulation can do to the coal industry. but certainly as the economy dictates demand, electricity generation and more confidence, that will be more important than say the epa. the epa has done their damage for the most part. you can never say never but i think most of the negative news is behind coal for the epa. ashley: what companies do you like in particular? >> we talked about the thermal coal for electricity generation and metallurgical coal for steel. on the latter we look at alpha natural resources which is the largest exporter of metallurgical coal out of the united states, mass the most export capacity. on the thermal side the two names to be looking at -- ashley: you like these prices? >> yeah, they have come down quite a bit and we do anticipate a recovery in pricing over the next 12, 18 months for the commodities. and on the thermal side, consol energy and arch coal which does benefit from higher natural g
now the stocks are back to where it was prior to the election. in my view, there's not much more major harm that the epa and other regulation can do to the coal industry. but certainly as the economy dictates demand, electricity generation and more confidence, that will be more important than say the epa. the epa has done their damage for the most part. you can never say never but i think most of the negative news is behind coal for the epa. ashley: what companies do you like in particular?...
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Dec 26, 2012
12/12
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>> maybe they were hoping that they would win the presidential election in 2012 and then have a upper hand event. but you know, they didn't go for the permanent rates, the bush era tax rates when they had the chance in 2010 and the sequester, the automatic spending cuts getting lost in the conversation are something they pretty much set up with the democrats in 2011. >> well, here specifically, here is about the millionaire cut off figure because of course, now the president says compromise going out to 4,000. here is what pelosi said in may of 2012 to speaker john boehner. democrats believe those earning over a million dollars a year should expire and we should use the resulting revenues to pay down the deficit. has anybody called her on that, hey, look, you're only for raising rates for millionaires and above before now you're into the $400,000 level? >> i called her on it last week, and she avoided the question and didn't answer it directly. she said, we were trying to smoke out, that was her quote, smoke out republicans and steny hoyer himself mentioned that it was a ploy. so, i t
>> maybe they were hoping that they would win the presidential election in 2012 and then have a upper hand event. but you know, they didn't go for the permanent rates, the bush era tax rates when they had the chance in 2010 and the sequester, the automatic spending cuts getting lost in the conversation are something they pretty much set up with the democrats in 2011. >> well, here specifically, here is about the millionaire cut off figure because of course, now the president says...
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Dec 26, 2012
12/12
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that's what you are elected to do. just do your job. we're tired of it. >> pushed back into january? >> may have patch work done causing a resolution, but the market continues to say we believe it's going to happen because the fact of the matter is if it doesn't happen, the market turns ugly really fast. >> all right. there's obviously the belief something's got to happen but better be sooner than later. >> ben's got to have a better new year's resolution than that. >> i like it. that and eat more broccoli. >> he's laughing because it's the truth. >> thank you, nicole. >> i have to think of the new year's resolution. >> that's one of them, never to say that again. five days to go before we go over the fiscal cliff which i'm not saying after january 1st, americans are concerned about the threat. 50% of the surveyed believe we'll get a deal. 48% say that we're going to run out of time. there's a big chance -- that's a change from ten days ago when 57% thought we'd have a deal and 40 #% thought it was over the cliff. gerri willis is here o
that's what you are elected to do. just do your job. we're tired of it. >> pushed back into january? >> may have patch work done causing a resolution, but the market continues to say we believe it's going to happen because the fact of the matter is if it doesn't happen, the market turns ugly really fast. >> all right. there's obviously the belief something's got to happen but better be sooner than later. >> ben's got to have a better new year's resolution than that....
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Dec 26, 2012
12/12
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it started to happen when president obama was elected to his first term. here is a look at some gun stocks. then, netflix falling victim to a service outage due to technical problems. not of its own making. blaming amazon. shibani joshi has the details. shibani: it is called the nightmare on christmas eve. you have had a nice meal and then you turn on the tv only to download a netflix video or television show and it does not work. what are you supposed to do, talk to your family, watch the christmas show for the 14th millionth time? 27 billion of the 30 million subscribers were without access. it was finally restored 12 hours later. now, the blame game gets kicked in. fingers are being pointed at amazon. it expands the technical problem and that led to the problems on netflix. "we are investigating exactly what happened and how it could have been prevented. it is amazon's problem. the web services division has experienced at least three different issues and blackouts in the past year. it is not just netflix that subscribes to it. it is other big websites,
it started to happen when president obama was elected to his first term. here is a look at some gun stocks. then, netflix falling victim to a service outage due to technical problems. not of its own making. blaming amazon. shibani joshi has the details. shibani: it is called the nightmare on christmas eve. you have had a nice meal and then you turn on the tv only to download a netflix video or television show and it does not work. what are you supposed to do, talk to your family, watch the...